GBP/USD | Retests and failures (READ THE CAPTION)

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GBP/USD | Retests and failures (READ THE CAPTION)GBP/USDOANDA:GBPUSDAmirAliTradingBy analyzing the daily chart of GBPUSD we can see that after reaching the Daily FVG Low, it bounced back up from 1.3218 and went as high as 1.3467, then dropped and went back up again, currently being traded at 1.3420, above the March 9th NWOG and inside the March 2nd NWOG below the NWOG's C.E.. I expect GBPUSD to retest the NWOG C.E. at 1.3447, if it goes through, we could see it breaking free of the NWOG altogether and go for the Volume Imbalance above at 1.3564. However if GBPUSD fails at retesting the NWOG, it could drop back again to 1.3377 level which is the C.E. of the March 9th NWOG, and if it fails to stay above it and stabilize, it might drop even further to the 1.3322 level.